Mortgaging

Mortgaging
Mortgage Mort"gage, v. t. [imp. & p. p. {Mortgaged}; p. pr. & vb. n. {Mortgaging}.] 1. (Law) To grant or convey, as property, for the security of a debt, or other engagement, upon a condition that if the debt or engagement shall be discharged according to the contract, the conveyance shall be void, otherwise to become absolute, subject, however, to the right of redemption. [1913 Webster]

2. Hence: To pledge, either literally or figuratively; to make subject to a claim or obligation. [1913 Webster]

Mortgaging their lives to covetise. --Spenser. [1913 Webster]

I myself an mortgaged to thy will. --Shak. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

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  • mortgaging — mort·gage || mÉ”rgɪdÊ’ / mɔː n. conditional conveyance of property as for security on a loan; pledging, lien v. sign over property to a creditor as security for money that is owed; obligate …   English contemporary dictionary

  • mortgaging out — The process by which a mortgagor secures one hundred percent financing of his purchase. He purchases property with no money of his own but entirely with mortgage money …   Black's law dictionary

  • mortgaging out — The process by which a mortgagor secures one hundred percent financing of his purchase. He purchases property with no money of his own but entirely with mortgage money …   Black's law dictionary

  • Mortgage — Mort gage, v. t. [imp. & p. p. {Mortgaged}; p. pr. & vb. n. {Mortgaging}.] 1. (Law) To grant or convey, as property, for the security of a debt, or other engagement, upon a condition that if the debt or engagement shall be discharged according to …   The Collaborative International Dictionary of English

  • Mortgaged — Mortgage Mort gage, v. t. [imp. & p. p. {Mortgaged}; p. pr. & vb. n. {Mortgaging}.] 1. (Law) To grant or convey, as property, for the security of a debt, or other engagement, upon a condition that if the debt or engagement shall be discharged… …   The Collaborative International Dictionary of English

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  • At pawn — Pawn Pawn, n. [OF. pan pledge, assurance, skirt, piece, F. pan skirt, lappet, piece, from L. pannus. See {Pane}.] 1. Anything delivered or deposited as security, as for the payment of money borrowed, or of a debt; a pledge. See {Pledge}, n., 1.… …   The Collaborative International Dictionary of English

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